[gn]

That's amazing. My realtor has been telling me that people come in with full cash offers and quick escrow…but 15 offers….wow…..

There are 2 possible intepretations to this :

1. The market is recovering, hence the multiple offers.

2. There are still a lot of foolish "knife catchers" out there 🙂

[gn]

That's amazing. My realtor has been telling me that people come in with full cash offers and quick escrow…but 15 offers….wow…..

There are 2 possible intepretations to this :

1. The market is recovering, hence the multiple offers.

2. There are still a lot of foolish "knife catchers" out there 🙂

[gn]

That's amazing. My realtor has been telling me that people come in with full cash offers and quick escrow…but 15 offers….wow…..

There are 2 possible intepretations to this :

1. The market is recovering, hence the multiple offers.

2. There are still a lot of foolish "knife catchers" out there 🙂

[gn]

That's amazing. My realtor has been telling me that people come in with full cash offers and quick escrow…but 15 offers….wow…..

There are 2 possible intepretations to this :

1. The market is recovering, hence the multiple offers.

2. There are still a lot of foolish "knife catchers" out there 🙂

[gn]

That's amazing. My realtor has been telling me that people come in with full cash offers and quick escrow…but 15 offers….wow…..

There are 2 possible intepretations to this :

1. The market is recovering, hence the multiple offers.

2. There are still a lot of foolish "knife catchers" out there 🙂

[gn]

When I sold the place in 2005, I made a nice profit, but I recognize that I took a gamble and was lucky with timing. Had I waited even 9 mos, I would have been in a different position.

It is quite rare & refreshing to hear of people who have been lucky with their timing & actually realized that they were lucky. Most folks would assume that it was the result of their intelligence/skills.

dharmagirl, congratulation on not "letting it go to your head".

 

[gn]

When I sold the place in 2005, I made a nice profit, but I recognize that I took a gamble and was lucky with timing. Had I waited even 9 mos, I would have been in a different position.

It is quite rare & refreshing to hear of people who have been lucky with their timing & actually realized that they were lucky. Most folks would assume that it was the result of their intelligence/skills.

dharmagirl, congratulation on not "letting it go to your head".

 

[gn]

When I sold the place in 2005, I made a nice profit, but I recognize that I took a gamble and was lucky with timing. Had I waited even 9 mos, I would have been in a different position.

It is quite rare & refreshing to hear of people who have been lucky with their timing & actually realized that they were lucky. Most folks would assume that it was the result of their intelligence/skills.

dharmagirl, congratulation on not "letting it go to your head".

 

[gn]

When I sold the place in 2005, I made a nice profit, but I recognize that I took a gamble and was lucky with timing. Had I waited even 9 mos, I would have been in a different position.

It is quite rare & refreshing to hear of people who have been lucky with their timing & actually realized that they were lucky. Most folks would assume that it was the result of their intelligence/skills.

dharmagirl, congratulation on not "letting it go to your head".

 

[gn]

When I sold the place in 2005, I made a nice profit, but I recognize that I took a gamble and was lucky with timing. Had I waited even 9 mos, I would have been in a different position.

It is quite rare & refreshing to hear of people who have been lucky with their timing & actually realized that they were lucky. Most folks would assume that it was the result of their intelligence/skills.

dharmagirl, congratulation on not "letting it go to your head".

 

[gn]

It's a game of musical chairs in reverse, with thousands of empty chairs and only a few hundred players. Not hard at all to find a seat!

HLS, that's a very good analogy.

Currently, a large percentage of these "empty chairs" are "still in the pipeline". Most of the mortgage resets occuring in 2008 will show up as foreclosures in 2009.

Many of the knife catchers only see the large number of "players" & think that prices will go up soon. They fail the see the "empty chairs".

[gn]

It's a game of musical chairs in reverse, with thousands of empty chairs and only a few hundred players. Not hard at all to find a seat!

HLS, that's a very good analogy.

Currently, a large percentage of these "empty chairs" are "still in the pipeline". Most of the mortgage resets occuring in 2008 will show up as foreclosures in 2009.

Many of the knife catchers only see the large number of "players" & think that prices will go up soon. They fail the see the "empty chairs".

[gn]

It's a game of musical chairs in reverse, with thousands of empty chairs and only a few hundred players. Not hard at all to find a seat!

HLS, that's a very good analogy.

Currently, a large percentage of these "empty chairs" are "still in the pipeline". Most of the mortgage resets occuring in 2008 will show up as foreclosures in 2009.

Many of the knife catchers only see the large number of "players" & think that prices will go up soon. They fail the see the "empty chairs".

[gn]

It's a game of musical chairs in reverse, with thousands of empty chairs and only a few hundred players. Not hard at all to find a seat!

HLS, that's a very good analogy.

Currently, a large percentage of these "empty chairs" are "still in the pipeline". Most of the mortgage resets occuring in 2008 will show up as foreclosures in 2009.

Many of the knife catchers only see the large number of "players" & think that prices will go up soon. They fail the see the "empty chairs".

[gn]

It's a game of musical chairs in reverse, with thousands of empty chairs and only a few hundred players. Not hard at all to find a seat!

HLS, that's a very good analogy.

Currently, a large percentage of these "empty chairs" are "still in the pipeline". Most of the mortgage resets occuring in 2008 will show up as foreclosures in 2009.

Many of the knife catchers only see the large number of "players" & think that prices will go up soon. They fail the see the "empty chairs".

[Author]

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